In 1981, Michael Bloomberg Was Fired from Salomon Brothers: His Severance Funded the Creation of Bloomberg L.P.Michael Bloomberg faced a career disruption at Salomon Brothers. This unexpected event, combined with his deep financial knowledge, became ...
01 May, 2026, 06.23 PM IST
Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
15 Apr, 2026, 07.57 AM IST
Govt crackdown on underage scrolling; UPI incentives declineHappy Thursday! The government is debating social media restrictions for children in India. This and more in today’s ETtech Morning Dispatc...
26 Mar, 2026, 07.51 AM IST
Major fire at petcare company Supertails’ Bengaluru warehouse wipes out inventory, pauses saleThe company said that while all staff members at the site evacuated safely, the fire resulted in the total loss of all inventory stored at ...
27 Feb, 2026, 01.10 PM IST
Fire at Bioinnovation Centre | Govt will see how affected startups can be funded: Priyank KhargeThe government has policies to extend funding to startups and the affected ones had already been selected by BBC. “We will see how they wil...
17 Jan, 2025, 07.00 PM IST
Fire at Bangalore Bioinnovation Centre damages properties worth Rs 110 cr: Minister KhargeA fire at the Bangalore Bioinnovation Centre in Bengaluru, funded by the Karnataka government, caused extensive damage estimated between Rs...
15 Jan, 2025, 07.11 AM IST
Galaxy of tech stars at ETSA 2024; the man with the ‘Midas Touch’The ET Startup Awards this year will feature an all-star cast including Infosys cofounder Nandan Nilekani and Zomato CEO Deepinder Goyal.
03 Oct, 2024, 07.44 PM IST
Saarthi.ai fires employees in batches, withholds salaries; cites 'investor pressure' to become profitableFounder and CEO Vishwa Nath Jha said the company has "let go" of employees in batches owing to "investor pressure" to become profitable, bu...
20 Jul, 2023, 06.18 PM IST
Layoffs in 2023: Cred, Meesho, Dunzo among Indian startups & tech companies that have cut jobsIndian startups, too, have been impacted over the last 6 months as they struggle to raise funds in a tough global environment.
15 May, 2023, 06.49 PM IST
Startups fired 6,000 in October-December 2022, 4,000 in January 2023 aloneWith investors tightening their purse strings because of the volatility in the global economy, many unicorns and startups such as Byju’s, S...
08 Feb, 2023, 08.15 AM IST
Exclusive: More consumer internet startups like ShareChat, Dunzo, Rebel Foods join layoff waveThe latest developments at ShareChat, Dunzo and Rebel are an extension of what has transpired in the so-called new economy over the last si...
16 Jan, 2023, 08.30 PM IST
2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
20 Dec, 2022, 07.50 PM IST
Xiaomi fires 900 employees, to slash 10% of jobs globally: ReportThe termination comes after several companies, including Facebook-parent Meta, Elon Musk’s Twitter, and Microsoft, announced layoffs recent...
20 Dec, 2022, 02.50 PM IST
Next year will be worse for tech than 2022: Unacademy's Gaurav MunjalGaurav Munjal's edtech startup also sacked as many as 350 employees recently in a bid to reduce costs and turn a profit
29 Nov, 2022, 11.33 AM IST
Citymall lays off 191 employees three months after raising $75 million in fundingOn Sunday evening, the company posted on professional networking site LinkedIn, saying it has taken the call to layoff a portion of its sta...
20 Jun, 2022, 11.55 AM IST
‘A cycle I wish would break.' Edelweiss MF CEO Radhika Gupta reveals why companies 'brutally' opt for mass sackingIn the last two years, big companies such as Better.com, Netflix, Meesho and Unacademy have gone through mass lay-offs.
18 Jun, 2022, 06.10 PM IST
Fire breaks out at Ather Energy Chennai premises, cause under investigationThe company said it is investigating the cause of the incident but could not confirm if the battery in any of the vehicles was not to blame.
28 May, 2022, 08.21 AM IST